Opening of Bids - 2022-2023 Water Treatment Chemicals - Kemira Water Solutions, Inc.

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Document A31OTM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: SURETY: ('t'aina, legal sults and addrav) (Maine, legal slalres and pri,rcip[d place of buvinea y) Kemira Water Solutions, Inc. Fidelity and Deposit Company of Maryland This document has Important 4321 West 6th 1299 Zurich Way, 5th Floor legal consequences. Consultation Lawrence, KS 66049 Schaumburg, IL 60196-1056 with an attorney is encouraged with respect to Its completion or OWNER: modification. (Nance, legal slaltis and address) City of South Bend 227 West Jefferson South Bend, IN 46601 BOND AMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: (Manic, location or address; and Project number, if aan) Water Treatment Chemicals 2022-2023 Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in Ilse amount set forth above, for Ilse payment of which ilia Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of Ilia Contractor within the time specified in the bid documents, or %vilhin such line period as may be agreed to by the Owyacr and Contractor, and the Contractor either (I ) enters into a contract with the Owner in accordance with the terms of such bid, and gives such bond or bonds as inay be specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the 11'roicct and othcrvdsc acceptable to the Over, for Ilia faithful performance of such Contract and for the prompt payment of labor and material furnished in ilia prosecution thereof: or (2) pays to the Owner the difference, not to exceed the amount of this Bond bcl%vccn the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party to perlimn the work covered by said bid, then this obligation shall be null and void, otherwise to remain in lull IUrce and ell'ecl. The Surety hereby waives any notice Oran agreement between the Owner and Contractor to extend the time in which the Owner nruy accept the bid. Waiver of notice by the Surely shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the lime for acceptance of bids specified in the bid document~ and the Owner and Contractor shall obtain the Surety s consent for an extension beyond sixty (60) days. If this Bond is issued in connection with n subcontractor's bid ton Contractor, the tcmi Contractor in this Bond shall be dccmcd to be Subcontractor and the Cerin Owner shall be dccmcd to be Contractor. When (his Bond has been liirnished to comply with a statutory• orother legal requirement in [lie location or (lie Project, any provision in (his ilond conflicting %villi said statutoy or legal requirement shall be deemed deleted herefrom and provisions conlbrining to such slatulo1'V or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bund shall be construed as a slatulory' bond and not as a common law bond. Sighed and scaled this 12th day of April, 2022 ®rmE.Ll./, .lN Ll f1f'rkn.tia) � S-0054/AS 8110 Kemira Water Solutions, Inc. (Princip (seal) By:( I Y/,—/ r7 1e) ri wt tit ,,tt. i Fidelity and Deposit Company of Maryland {tir�a�r}) {,ScuiJ By'14 Ad Xl/ I (rille)C tephens Gr' gs ney-m-ract Surety Phone No. 847-605-6000